White Trend Test in Excel | Trend Analysis

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White Trend Test in Excel | Trend Analysis
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Hello everyone! In today’s video, I’m going to guide you through the steps to apply the White's Test for heteroscedasticity on your dataset. This process involves several key steps, including fitting a regression model, calculating residuals, and using the chi-square test to interpret the results. I'll also explain how to calculate the White test statistic, apply the R-squared formula, and demonstrate how to automate these steps using a data analysis tool. Additionally, I will discuss three different methods for testing trends in your series and explain why the White's Test might show different results compared to other methods. Watch until the end, and I'll include links to the tool and method in the video description. Don’t forget to like, subscribe, and leave a comment if you found this helpful!
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